mle267 wrote:
Quote:

tictaktoe wrote:
The kids were not just "walking and cheering". They were made to wear posters and shout out loud. Lot of people saw that on Washingotn and Grand intersection and outside Cornelia Bradford.

Just because the kids were with their parents doesnt give anyone a pass. There are parents who beat their kids as well - just because they are the parents, does it make it right? As far as using the logic of "learning from real life experience", well c'mon, you are telling that to justify pulling 4-5 years old? How many of you decided to sit in front of the kids, and told them about both the sides and then asked them "hey, so what do you think Which side is strong?"

And the teacher's union or whoever leads these protests should have said NO to including kids in these protests. Being teachers, they should have known better.

I'd say it is quite a jump to go from kids walking around their school to parents beating their kids. No need to sensationalize a situation here.

For the record, it is teachers themselves who are organizing these protests. Therefore, it is their decision to do whatever they feel like doing. Sorry if you don't agree, but I am not quite sure what gives you the authority to make statements like "being teachers, they should have known better." Known better what? What does being a teacher have to do with it? You clearly do not agree with the protests, and that is completely within your rights as a citizen to have those opinions. In the same way, teachers have the same rights and can do as they please, "knowing better" having absolutely nothing at all to do with anything.

As for the AMT part of my post, the point that was lost in you is that this is not about AMT in 2018, but AMT for this year! If you try to take an additional deduction for 2017 by prepaying the 2018 property taxes, you will not see ANY benefit at all if you are going to get hit by AMT in 2017. If you can afford to prepay 10+ K in property taxes this year, you are likely making enough money to have to pay AMT. In that case, prepaying is entirely a waste. Particularly if you prepay the taxes by taking out money from money market or savings accounts.

Adonis wrote:
Nice to see all these Jersey City folk looking into how they can exploit a tax loophole for their own personal gain.

Depends on rates, if you assume your buyer is borrowing and has a fixed monthly nut in mind. $12k more in tax means $1k less in borrowing power. At 4.5% on a 30 yr, $1000 gets you $200k. So assuming the buyer has the extra downpayment, they're budget is $200k less than it was pre-reval.

Yvonne, prove what you're saying, otherwise it's more lies. Tax liens are sold at auction and the residual after taxes and loans are paid is returned to the owner.

EasyGibson wrote:
It's unbelievable that anyone ever thought it would be a good idea to allow people to cash out days from 30 years ago at current salary rates. It's a giant retroactive raise.

JPhurst wrote:
A few years back the developer tried to convert phase 2 to rentals. But he needed the residents to vote for such a change. We weren't having it.

There was a lot of concern that Phase 2 would remain unbuilt for a prolonged period of time and we would be in a situation where the developer controlled the board for that period. However, phase 2 is being built. Completion date has been put off a couple of times, but the work is being done, and the units are being purchased.

Point being, in the not so distant future, we will have a majority resident board that we should have had years ago. We will have to carefully look at the books and the structure as the building as a matter of due diligence. But overall, it seems like a good building in a good location. I can't represent that there is not some structural defect or financial shenanigans that will make living here untenable, but so far so good.

You can PM or call me if you like.

gullscove1018 wrote:
Thats the comps actually ... the last unit in my line just sold for $680K without parking... Prices have gone up... Phase 2 is over $950 a sq/ft (was raised over the weekend) -- and thats for a North Facing Unit... so my South Facing unit @ $869/sqft is a bargain. I have done my research :)

MDM wrote:
My wife picked those sliding barn doors for the master bedroom (currently being worked on). They look pretty slick, but some are kind of pricey.